Titlebook: Small Countries in a Global Economy; New Challenges and O Dominick Salvatore (Professor of Economics and Dep Book 2001 Palgrave Macmillan,

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Dominick Salvatore (Professor of Economics and Dep

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Introduction: Small Countries in a Globalised World: Their Honeymoon or Twilight? by integrating small countries do not ‘lose’, they even gain sovereignty in domains which were previously completely closed for them. By developing strengths in one area gives them power also in those areas where such power is weak. This is the so-called paradox of the ‘weakness’ (Baillie, 1999).Th

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Competitiveness of Small Countriesder national competitiveness as a means to an end — the end being the well-being of the nation’s residents; however, we acknowledge that the measurement of well-being is fraught with difficulties, especially when predicting how the future will evolve (Daniels, 1991).

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e as others had expected. They demonstrate that by entering the global arena or by consolidating into regional alliances small countries do not ‘lose‘, and may even gain sovereignty in areas previously closed to them.978-0-230-51319-8